The Beijing Fourth Intermediate Court (BFIC) has jurisdiction over two of the largest arbitration institutions in China, namely the China International Economic and Trade Arbitration Commission (CIETAC) and Beijing Arbitration Commission (BAC), making it a major player in China’s arbitration landscape.
Related Posts:
- Beijing Fourth Intermediate People's Court: The "S.D.N.Y" in China
- Beijing Court Reports on Foreign Judgments/Awards Enforcement
- Chinese Court Enforces Foreign Emergency Arbitrator Order for the First Time
On the morning of 25 July 2023, the BFIC held a press conference to release its “2022 Annual Report on Judicial Review Cases in Domestic Arbitration” (2022年国内仲裁司法审查案件报告, hereinafter the “Report”), and reported ten typical cases.
According to the Report, the BFIC accepted 938 judicial review for domestic arbitration cases in 2022, including 549 cases for setting aside arbitral awards, accounting for 58.5%, and 389 cases for confirming the validity of arbitration agreements, accounting for 41.5%.
The BFIC rendered decisions to set aside arbitral awards in seven cases and to re-arbitrate in seven cases, with the latter typically involving issues in the arbitration procedure that could be remedied through a new arbitration, thereby upholding the parties’ choice of arbitration.
Contributors: CJO Staff Contributors Team